The meeting with Mr Gounon took place this January 21, 2009.
Impact of the fire, results and prospects, development of freight, stock, stimulation of local elected officials to "charm" Eurotunnel all issues that were addressed and ... in the Way of the Future received the next day!
Never mind, here's the gist of our discussions!
. The reduced capacity of the tunnel after the fire last September has significantly affected the results of the 4th quarter. Too bad! For the first half had good growth.
The tunnel will be fully back in service next week (the night of February 9 to 10) with a return to full commercial use, beyond the impact on sales and infrastructure, the fire will be confirmed effectiveness of security measures, priority reaffirmed by Mr Gounon.
Eurotunnel seeks to draw all the lessons of this incident and decided to launch a thorough reflection whose findings will soon be submitted to the IGC (Inter Governmental Commission). The objective is to minimize the effects of fire on the tunnel infrastructure and their impacts on the operation while preserving, to the highest level, the safety of people.
This is, once people sheltered in the service tunnel improvements to the existing arrangement to achieve a better preservation of infrastructure and facilities themselves.
Indeed, during the 2 fires 1996 and 2008, when ventilation was allowed to drive powerful fumes toward the rear of the train time of setting safety, it also had the effect of spreading the flames on all cars behind the vehicle on fire.
- How to quickly extinguish a burning truck in the tunnel?
- Is not it better to leave the train tunnel, as is the case in other railway tunnels?
- there need to maintain the device that requires power to divide the train in the middle in case of fire since the EUROSTAR has never implemented this procedure even when stuck in the tunnel more than 5 hours in November 2008?
These questions EUROTUNNEL working to ensure greater availability of infrastructure in the prospect of increased traffic related to such liberalization in 2010, passenger traffic.
The judicial inquiry to identify the truck's fault "and the cause of the fire is still ongoing. This expertise should allow insurers to turn against those of the truck.
Negotiations with insurers are continuing to determine the amount of reimbursement for operating losses.
. Despite the sharp reduction in the capacity of the Shuttle business past four months, turnovers and Traffic of 2008 have suffered a decline of 2%.
The audited results for 2008 for their part will be published March 4, 2009.
. The outlook for 2009 are now difficult to assess due to lack of sufficient experience to measure the consequences of the fire itself and those of the financial crisis itself.
The absolute priority is therefore to give back to the tunnel's capacity to determine respective effects.
Nevertheless, the perception in the first quarter of 2009 was good and Mr. GOUNON does not seem particularly worried about the second quarter to the extent that the contracts were renewed heavy weight and that customer loyalty can not be denied. The trade policy that allows carriers under contract to be sure to have room to board shuttles and respect the times of crossings remains essential to the success of Eurotunnel and a real economic value to carriers.
The depreciation of the pound has reversed the flow of passengers and attracts More and more mainland to Great Britain (+15% in December), the UK, provided, do not give up travel on the continent and are rethinking their visits on shorter distances.
EUROSTAR confirms its success and has seen its number of passengers increase by more than 10% in 2008 and it expects a slight increase this year and targets 10 million by 2010. The
shipping companies are facing serious difficulties and it is likely that SEAFRANCE Announces social plans may cause strikes and redirect customers to the tunnel unless ... other shipping companies take the opportunity to win back customers with a trade policy of low prices.
The freight train is catching more and more interest from the government and each is organized in the context of the full opening of markets to international competition.
RFF (Reseau Ferre de France) said he wanted the challenge.
Regulatory Commission of Railway Activities (CRAF) responsible for ensuring non-discriminatory access to the rail network will begin operating this year's draft Eurocarex Line high-speed rail freight crosses new milestones, DEUTSCHE BAHN unashamedly displays its ambition to become a major trading as Channel in freight and passengers and more VEOLIA AIR FRANCE get ready to roll trains under the English Channel.
Those are all positive signs that confirm the growing importance of the fixed link; Mr. GOUNON therefore reaffirms its confidence for 2009 but says ready to face a situation where the market would come to deteriorate.
. The stock is remained abnormally low This can be explained due to the fire: analysts and investors were unable to test the robustness of Eurotunnel to the crisis as it moves in very strong niche ,
Society however, is not alone in suffering and VEOLIA mark and VINCI comparable declines.
dilution coming, often cited as a factor explaining the weakness of the course is already taken into account by investors and markets, but the considerable drop in the price of the NRS I - which could last - ruling out not have the option of an action accretion but it is too early to work because the real question will arise in 2010. This subject will be discussed at the next general meeting.
At this stage, Mr GOUNON renews his recommendation not to dispose of the BSA since they could open at 1.35 right action if parity maximum was reached.
Impact of the fire, results and prospects, development of freight, stock, stimulation of local elected officials to "charm" Eurotunnel all issues that were addressed and ... in the Way of the Future received the next day!
Never mind, here's the gist of our discussions!
. The reduced capacity of the tunnel after the fire last September has significantly affected the results of the 4th quarter. Too bad! For the first half had good growth.
The tunnel will be fully back in service next week (the night of February 9 to 10) with a return to full commercial use, beyond the impact on sales and infrastructure, the fire will be confirmed effectiveness of security measures, priority reaffirmed by Mr Gounon.
Eurotunnel seeks to draw all the lessons of this incident and decided to launch a thorough reflection whose findings will soon be submitted to the IGC (Inter Governmental Commission). The objective is to minimize the effects of fire on the tunnel infrastructure and their impacts on the operation while preserving, to the highest level, the safety of people.
This is, once people sheltered in the service tunnel improvements to the existing arrangement to achieve a better preservation of infrastructure and facilities themselves.
Indeed, during the 2 fires 1996 and 2008, when ventilation was allowed to drive powerful fumes toward the rear of the train time of setting safety, it also had the effect of spreading the flames on all cars behind the vehicle on fire.
- How to quickly extinguish a burning truck in the tunnel?
- Is not it better to leave the train tunnel, as is the case in other railway tunnels?
- there need to maintain the device that requires power to divide the train in the middle in case of fire since the EUROSTAR has never implemented this procedure even when stuck in the tunnel more than 5 hours in November 2008?
These questions EUROTUNNEL working to ensure greater availability of infrastructure in the prospect of increased traffic related to such liberalization in 2010, passenger traffic.
The judicial inquiry to identify the truck's fault "and the cause of the fire is still ongoing. This expertise should allow insurers to turn against those of the truck.
Negotiations with insurers are continuing to determine the amount of reimbursement for operating losses.
. Despite the sharp reduction in the capacity of the Shuttle business past four months, turnovers and Traffic of 2008 have suffered a decline of 2%.
The audited results for 2008 for their part will be published March 4, 2009.
. The outlook for 2009 are now difficult to assess due to lack of sufficient experience to measure the consequences of the fire itself and those of the financial crisis itself.
The absolute priority is therefore to give back to the tunnel's capacity to determine respective effects.
Nevertheless, the perception in the first quarter of 2009 was good and Mr. GOUNON does not seem particularly worried about the second quarter to the extent that the contracts were renewed heavy weight and that customer loyalty can not be denied. The trade policy that allows carriers under contract to be sure to have room to board shuttles and respect the times of crossings remains essential to the success of Eurotunnel and a real economic value to carriers.
The depreciation of the pound has reversed the flow of passengers and attracts More and more mainland to Great Britain (+15% in December), the UK, provided, do not give up travel on the continent and are rethinking their visits on shorter distances.
EUROSTAR confirms its success and has seen its number of passengers increase by more than 10% in 2008 and it expects a slight increase this year and targets 10 million by 2010. The
shipping companies are facing serious difficulties and it is likely that SEAFRANCE Announces social plans may cause strikes and redirect customers to the tunnel unless ... other shipping companies take the opportunity to win back customers with a trade policy of low prices.
The freight train is catching more and more interest from the government and each is organized in the context of the full opening of markets to international competition.
RFF (Reseau Ferre de France) said he wanted the challenge.
Regulatory Commission of Railway Activities (CRAF) responsible for ensuring non-discriminatory access to the rail network will begin operating this year's draft Eurocarex Line high-speed rail freight crosses new milestones, DEUTSCHE BAHN unashamedly displays its ambition to become a major trading as Channel in freight and passengers and more VEOLIA AIR FRANCE get ready to roll trains under the English Channel.
Those are all positive signs that confirm the growing importance of the fixed link; Mr. GOUNON therefore reaffirms its confidence for 2009 but says ready to face a situation where the market would come to deteriorate.
. The stock is remained abnormally low This can be explained due to the fire: analysts and investors were unable to test the robustness of Eurotunnel to the crisis as it moves in very strong niche ,
Society however, is not alone in suffering and VEOLIA mark and VINCI comparable declines.
dilution coming, often cited as a factor explaining the weakness of the course is already taken into account by investors and markets, but the considerable drop in the price of the NRS I - which could last - ruling out not have the option of an action accretion but it is too early to work because the real question will arise in 2010. This subject will be discussed at the next general meeting.
At this stage, Mr GOUNON renews his recommendation not to dispose of the BSA since they could open at 1.35 right action if parity maximum was reached.
He said that individual shareholders of Eurotunnel remains largely faithful and understands the circumstances of the award.
A study on the ownership of Groupe Eurotunnel has been launched and will be announced once the results are known.
( We recall that 2009 marks the centenary of crossing the Channel by Blériot ... Hopefully, like him, the title will eventually take off!)
A study on the ownership of Groupe Eurotunnel has been launched and will be announced once the results are known.
( We recall that 2009 marks the centenary of crossing the Channel by Blériot ... Hopefully, like him, the title will eventually take off!)
. Long ignored by local officials for fear of competition from the fixed link and stayed away because of financial problems, Eurotunnel had left dormant the role of land developer had told him that States.
The recent agreement signed with the General Council of the Pas-de-Calais in the early year marks a milestone in the completion of this mission and reveals the interest of EUROTUNNEL make a major partner in regional economic development.
Many projects in the field of economics of tourism and sports are included in this agreement which we note the inclusion of the Strait of Pas-de-Calais Unesco World Heritage, the preservation of great site 2 Caps and revitalization of promotional activities involving passenger flows on both sides of the Channel (2012 Olympics)
To finish this interview, Mr. GOUNON indicates that with the help of the Palace of Versailles EUROTUNNEL acquired an album of photographs by Eugene Disderi in 1855 at Versailles, during the state visit of Queen Victoria. .
He said that corporate sponsorship, inexpensive part of the vocation of the binational company and contributes to its reputation. It is indeed, during this visit that Napoleon III attracted the attention of Queen Victoria on a proposed underwater tunnel designed by the French of Gamond Thome.
On this latter information, Mr. GOUNON, confident, went back to his work.
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